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20130228
Search Results 0 to 6 of about 7 (some duplicates have been removed)
the european union. i do going the way of european parliament for an eu able to meet the challenges and you need to come out and say that quite clear as your fellow citizens. mr. president of the republic. [applause] [speaking french] >> translator: i want to thank you for having got the budget treaty ratified in parliament because that's a good sign for europe, but i looked long and hard. i don't see what's happened to your 120 billion euros. where have those billions gone, mr. president? please tell us. we are legislators. and we are men and women of goodwill, but we have a responsibility to our fellow citizens. we get here to talk, teen ago she, you need to know that there are points which we won't give ground on. first of all, there is the question of flexibility. we need to have genuine flexibility in the financial framework between budget alliance and between news. that's how we have managed to run the budget properly in the context of austerity and balanced budget. second, own resource but if the european budget is going to be financed properly, it will allow us to reduce the contrib
and growth. >> angela merkel says all eu member states must cut costs. two weeks ago, the chancellor and british prime minister david cameron went out in brussels securing an eu budget cut of around 3%. now merkel has defended that decision. she says the crisis means everyone has to save. >> i will say it quite plainly -- it would have been hard to explain to people in europe, both to the states hit by the crisis and those bearing the bulk of the burden of solidarity why everyone in europe has to say except for europe itself. >> but the opposition disagrees. social democrats' candidate for chancellor peer steinbrueck says merkel advocates too much austerity and too little investment. he also accused merkel of making common cause with europe's foes. >> you've made an unholy alliance with no sense of perspective. and with a leader david cameron who may want to leave the you. it is a strange alliance if your aim is to safeguard europe's future for the days to come. >> strong stuff, but the opposition is the least of pass the budget draft.elelelel'o merkel's critics are gearing up for a
the prospect of having to bail out failed banks and eu governments for perhaps years to come. they are still asking why no charges have been brought in the interest rate fixing scandal among top level banks. >> now, the german finance minister is set to present proposals to address that anger that will include a tightening of banking regulations. germany is not the only european country planning new laws against the reckless bankers that cost taxpayers billions. >> and number of european governments are drawing up new measures to prevent big banks from passing on the costs of high risk trading to taxpayers. in germany, a new draft law is due to be presented to the cabinet on wednesday. the proposed law would require major banks to separate their retail and investment banking. it also outlines plans for restructuring and liquidation in the event of a crisis, and bank executives are engaged -- who engage in reckless behavior could face up to five years in prison, and britain is also bound to pressure to rein in the excesses' of the system in the wake of the libor scandal and breaches of money
measures imposed by the government and greece is relying on the i.m.f., e.u. and european central bank to help it meet the requirements of trying to beat its debt and emerge from the financial crisis. so live pictures there from athens. and researchers in brazil have for the first time managed to document the birth of a rare giant arm dillo. take a look at these pictures. at the right of your screen. after five months trained on a burrough, a remote camera managed to capture the baby and mother on film. organizations from around the world provided cameras for the project and the footage reveals clues about the lives of this mysterious mammal which can be used to aid conservation efforts in the future. so that is the arm dillo there. it seems to be reaching out for something, i think. staying with the animal kingdom, a young royal penguin is receiving treatment after washing up on a beach more than 2,000 kilometers from its home. the penguin was found starving and dehydrated east of wellington. giving you another story on hacking. china says there's no proof its military is behind an in
registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. welcome to today's, a bit of a transport theme going on this morning. >> or lack thereof. >> well, there's bmw, has their recalled. you have to take your one and three series back. >> the thing about the bmw is people have to take them to the special bmw shop, anyway. when you have a recall like this, it's a pretty straightforward process for owners. >> then making a replica of the "titanic." some people are worried they're making it in a chinese shipyard. >> they're pitching this with "titanic" with a twist. some say the twist should be maybe this time it won't sink. >> they are going to do the original sailing route. what happens when they get th
Search Results 0 to 6 of about 7 (some duplicates have been removed)